Author Topic: Best way of borrowing Money  (Read 470 times)

williamroc

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Best way of borrowing Money
« on: August 10, 2021, 11:12:31 AM »
What would you do if you would like to borrowing cash for some life incidents? Refinancing Home? personal loan?

gocurrycracker

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Re: Best way of borrowing Money
« Reply #1 on: August 17, 2021, 09:19:26 AM »
Whatever provides the lowest interest rate and most convenient cash flow

You can get margin loans as low as 1% - just be sure to keep margin ratio low to avoid margin calls in a severe downturn.

A mortgage works great - <3% for 30 year, <2% for 15 year at present

HELOCs and personal loans (and credit cards) best used for very short term due to higher rates